Title :
Intelligent time series fast forecasting for fashion sales: A research agenda
Author :
Choi, Tsan-Ming ; Hui, Chi-leung ; Yu, Yong
Author_Institution :
Inst. of Textiles & Clothing, Hong Kong Polytech. Univ., Kowloon, China
Abstract :
Forecasting for the time series sales data of fashion products is crucial for many fashion companies. However, both the traditional statistical methods and the more advanced intelligent artificial intelligence (AI) methods suffer serious drawbacks in which the former´s performance depend highly on the time series data´s features whereas the latter ones are slow. There is hence a need to call for the development of an intelligent time series forecasting system which is fast, versatile and can achieve a reasonably high accuracy. In this paper, we explore this issue and propose a research agenda for future studies around intelligent fast forecasting system for the prediction of fashion sales time series.
Keywords :
artificial intelligence; clothing industry; forecasting theory; time series; advanced intelligent artificial intelligence methods; fashion companies; fashion products; fashion sales; intelligent fast forecasting system; intelligent time series fast forecasting; intelligent time series forecasting system; prediction; time series sales data; Forecasting; Machine learning; Marketing and sales; Predictive models; Statistical analysis; Time series analysis; Intelligent forecasting; fashion; fast forecasting; research agenda; sales forecasting;
Conference_Titel :
Machine Learning and Cybernetics (ICMLC), 2011 International Conference on
Conference_Location :
Guilin
Print_ISBN :
978-1-4577-0305-8
DOI :
10.1109/ICMLC.2011.6016870